business
Can I write off my attorney fees?
Any legal fees that are related to personal issues can’t be included in your itemized deductions. According to the IRS, these fees include: Fees related t...
Category: Business
business
Do I have to pay taxes on hobby income?
If you have a hobby, and therefore don’t have an ABN, and you are selling items to a business you will need to let the purchasing business know that you a...
business
How is estate tax calculated in Canada?
As there is no inheritance tax in Canada, all income earned by the deceased is taxed on a final return. Any resulting capital gains are 50% taxable and ad...
business
What are individual securities?
Unlike mutual funds and similar pooled investments, the individual investor is making a specific purchase or investment in selected securities. The invest...
business
How many days off for a death in the family?
How Many Days Do I Get Off for a Bereavement Leave? The ‘standard’ appears to be five working days if your spouse or child dies, three days if the decease...
business
When starting a new job what forms must an employee complete?
Employees must submit basic information including name, Social Security number and citizenship status. Employees also must supply documentation along with...
business
What is ABC in manufacturing?
Activity-based costing (ABC) is mostly used in the manufacturing industry since it enhances the reliability of cost data, hence producing nearly true cost...
business
What is true about exempt employees?
Exempt employees are paid a salary rather than by the hour, and their work is executive or professional in nature. Exempt employees stand in contrast to n...
business
Is South Florida real estate overpriced?
‘Overvalued’ South Florida housing prices trouble expert FAU’s College of Business analyzed over 25 years of housing data and pricing trends through May f...
business
What does limited liability mean for shareholders?
Limited liability is the extent to which a company shareholder or director is financially responsible for their company’s debts. If the company is sued or...
business
What happens when you sell your house without paying off the mortgage?
Being in ‘negative equity’ occurs when the sale price of your home is not enough to cover the amount remaining on your mortgage. If you’re unable to pay t...
business
Why do we get federal tax returns?
Tax returns allow taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. In most countries, t...
business
Can massage chair be tax deductible?
Equipment. Items such as massage chairs can be tax deductible if the wellness coordinator or a physician recommends them. If you can get documentation fro...
